Better Home & Finance (NYSE: BETR) CEO buys 10K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Better Home & Finance Holding Co Chief Executive Officer Vishal Garg made an open-market purchase of 10,000 shares of Class A Common Stock at a weighted average price of $35.0519 per share. Following this transaction, he directly owns 64,877 shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($350,519)
Net Buy
1 txn
Insider
Garg Vishal
Role
Chief Executive Officer
Bought
10,000 shs ($351K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 10,000 | $35.0519 | $351K |
Holdings After Transaction:
Class A Common Stock — 64,877 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 10,000 shares
Weighted average price: $35.0519 per share
Shareholding after transaction: 64,877 shares
+1 more
4 metrics
Shares purchased
10,000 shares
Open-market acquisition of Class A Common Stock
Weighted average price
$35.0519 per share
Average of multiple purchase trades
Shareholding after transaction
64,877 shares
Direct ownership following the purchase
Purchase price range
$35.03–$35.065 per share
Range of individual trade prices in the transaction
Key Terms
open-market purchase, weighted average price, Class A Common Stock, Form 4
4 terms
open-market purchase financial
"made an open-market purchase of 10,000 shares of Class A Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"at a weighted average price of $35.0519 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"10,000 shares of Class A Common Stock at a weighted average price"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"according to a new Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BETR CEO Vishal Garg report?
Vishal Garg reported an open-market purchase of 10,000 shares of Better Home & Finance Holding Co Class A Common Stock. This transaction increased his direct holdings and reflects an acquisition of shares at a weighted average price disclosed in the filing.
What does a weighted average purchase price mean in this BETR filing?
A weighted average price means the 10,000 shares were bought through several trades at slightly different prices. The average of those trade prices, weighted by shares in each trade, is $35.0519, with individual trades ranging from $35.03 to $35.065 per share.